Strait of Hormuz

Wheat futures hit a two-year high of $6.80 per bushel due to Black Sea tensions and worsening crop prospects

Goldman Sachs raised its European gas price forecast, attributing it to delayed Persian Gulf LNG export recovery amidst Middle East tensions

CMA CGM is implementing an emergency fuel surcharge from August 1st due to rising bunker costs linked to Strait of Hormuz tensions

Atradius warns that a sustained closure of the Strait of Hormuz could push the world economy into recession.

Geopolitical tensions in the Red Sea and Strait of Hormuz are straining war risk insurance, affecting shipping routes and costs

VLSFO availability in Singapore remains tight, with lead times of 14-19 days due to low inventories and Strait of Hormuz disruptions

Iranian crude oil flows to Singapore's ship-to-ship transfer areas saw a sharp rise in July, reaching 36.2 million barrels.

China has cut Iranian crude oil imports by 40% due to U.S. sanctions on Chinese refineries, impacting Iran's revenues

Ukraine's corn trade has stalled due to port attacks, causing shipping delays and deterring international buyers

Oil prices rose in volatile trading due to escalating Middle East tensions and new threats to Red Sea shipping.

Eurozone investor morale reached a five-month high in June 2026, driven by hopes for a resolution to the Iran conflict

Renewed hostilities in the Strait of Hormuz are undermining shipping confidence, making the critical oil chokepoint dangerous.

Two Saudi crude tankers reversed course in the Red Sea after Houthi threats, disrupting shipping through vital chokepoints

IEA warns that Middle East hostilities are increasing concerns regarding the stability of global oil supplies and prices

Saudi Arabia and the UAE are expanding pipelines to reduce reliance on the Strait of Hormuz, with new capacity by 2027

Renewed hostilities between Iran and the US are raising concerns about the global energy market and broader economic stability.

Oil prices stabilized, easing from peaks, as de-escalation hopes emerge between the US and Iran, despite Red Sea threats

UK natural gas prices fell as diplomatic efforts to ease US-Iran tensions emerged, reversing a four-month high.

The global maritime sector is navigating persistent labor deficits and increasing geopolitical instability, moving away from predictable…

Gasoline prices in the Netherlands are nearing record levels due to rising oil costs and escalating Middle East tensions.

Three commercial vessels were reportedly attacked in the Strait of Hormuz and off the UAE coast within 48 hours.

A commercial tanker reported a drone or missile strike near the Strait of Hormuz, escalating maritime security concerns.

A second Dynacom-owned tanker was reportedly struck in the Strait of Hormuz, highlighting ongoing maritime security risks.

Over 700 tankers are operating in the Arabian Gulf as geopolitical tensions reignite around the Strait of Hormuz

Russia is now the primary flag state for the shadow fleet, re-registering 69 sanctioned tankers since November 2025.

A renewed closure of the Strait of Hormuz could send Brent crude to $150 a barrel, reviving inflation and forcing central banks to raise…

Iran's IRGC Navy claims all maritime traffic in the Strait of Hormuz has stopped due to US actions.

Wheat futures hit two-year highs as military attacks in the Black Sea region threaten grain shipments

A merchant tanker's crew evacuated the vessel after it was struck by an unknown projectile near the Strait of Hormuz.

A Russian missile strike on a corn ship near Ukraine's Odesa port killed 10 people, intensifying Black Sea conflict risks